3M
MMM
#270
Rank
$87.99 B
Marketcap
$167.06
Share price
1.22%
Change (1 day)
16.33%
Change (1 year)

P/E ratio for 3M (MMM)

P/E ratio as of February 2026 (TTM): 27.6

According to 3M's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.6169. At the end of 2024 the company had a P/E ratio of 16.8.

P/E ratio history for 3M from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202416.8-343.61%
2023-6.90-177.98%
20228.85-29.35%
202112.5-4.08%
202013.1-12.95%
201915.010.09%
201813.6-25.84%
201718.438.72%
201613.212.4%
201511.8-6.89%
201412.77.28%
201311.844.73%
20128.15

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Apple
AAPL
33.4 20.87%๐Ÿ‡บ๐Ÿ‡ธ USA
Amazon
AMZN
29.2 5.56%๐Ÿ‡บ๐Ÿ‡ธ USA
Johnson & Johnson
JNJ
21.9-20.85%๐Ÿ‡บ๐Ÿ‡ธ USA
General Electric
GE
41.6 50.80%๐Ÿ‡บ๐Ÿ‡ธ USA
HP
HPQ
6.83-75.25%๐Ÿ‡บ๐Ÿ‡ธ USA
Illinois Tool Works
ITW
28.0 1.41%๐Ÿ‡บ๐Ÿ‡ธ USA
Honeywell
HON
30.3 9.78%๐Ÿ‡บ๐Ÿ‡ธ USA
Danaher
DHR
41.6 50.47%๐Ÿ‡บ๐Ÿ‡ธ USA
Align Technology
ALGN
33.6 21.69%๐Ÿ‡บ๐Ÿ‡ธ USA
Dentsply Sirona
XRAY
-2.86-110.36%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.